Government of the Sindh, Finance Department has issued Notification No. FD(SR-III)3-230/2013(Provl.) dated 15th July 2014 in connection with Notification of Increase in Pension 2014 for the Sindh Govt pensioners.
There is a 10% increase in pension for the Sindh Govt pensioners with effect from 1st July 2014.
Here is to mention that there is only increase in pension not in the medical allowance for the pensioners. Medical Allowance has already been frozen wef 30-06-2011. So the calculation of 10% increase will be in the following manner:
Increase in Pension in 2014= (Net Pension – Medical Allowance) x 10%
It means 1st we ll minus the Medical Allowance from the net pension and the result will be multiplied by 10%.
The increase in pension allowed to the pensioners during 2010, 2011, 2012, 2013 will also be continued.
This post has been delivered by Mr. Amir Agha & Mr. Farhan Waheed.